An example of how a Solana Meme Coin Trader turned $1,800 into $11 Million is provided below
In an X (previously Twitter) post, Lookonchain disclosed how a trader acquired 5.1 million Dogwifhat (WIF) tokens for $1,749 on November 30 and kept them until today, valued $10.9 million. This trader sought to restrict token sales, but the high limit price prevented the order from being filled.
He kept these tokens and moved them to a different wallet after failing to sell them. That life-changing decision came after the trader generated almost $10.9 million in unrealized profits. WIF tokens were acquired while meme coin was below $0.2.
This trader's holdings have increased since WIF has had an outstanding run, recently reaching an all-time high (ATH) of $2.37. The meme currency may become the second most valuable meme coin after Dogecoin (DOGE), according to crypto expert Bluntz Capital.
WIF is continuing gaining popularity after being listed on Binance, the biggest crypto exchange. That suggests WIF might rise further. Bluntz expects the meme currency to reach $5.
In August 2020, when Shiba Inu (SHIB) started trading, an anonymous crypto investor named “Shibtoshi” invested $8,000 and became a fortune. That was before the meme coin's 46,000,000% run in 2021. Holding for nearly a year till October 2021, Shibtoshi's holdings reached $5.7 billion.
DOGE, the leading meme currency, produced several millions and billionaires over that time, with 2021 being its breakthrough year. Glauber Contessoto, known as SlumDOGE Millionaire on X, had $2.9 million in meme coins at its height.
$WIF
